CPA Applauds House Bill Seeking to Ban Securities of Foreign Adversaries from Private Pension Plans

The Coalition for a Prosperous America (CPA) today applauded a new bill by Rep. Jim Banks (R-IN-03) that would ban private pension plans from investing in the stocks and bonds of countries deemed adversarial by Washington. If passed, the Employee Retirement Income Security Act of 1974 (ERISA), a federal law that sets minimum standards for…

House Republicans are Leading Major Rethink on China Trade

Times are changing. Where the GOP once stalwartly supported “free trade,” many Republicans are now openly questioning the effectiveness of U.S. trade policy. And in Congress, both Republicans and Democrats are looking to rewrite America’s problematic trading relationship with China. In particular, bipartisan consensus is emerging on the need to overhaul an obscure part of U.S. customs…